BADEN BADEN, Germany, March 17 The world's
financial leaders will renounce competitive devaluations and
warn against exchange rate volatility, a draft statement seen by
Reuters showed, but they have not yet found a common stance on
trade and protectionism.
The draft communique of the finance ministers and central
bank governors of the world's 20 biggest top economies, which
may still change and is to published only on Saturday, also said
that monetary policy will keep supporting growth and price
stability but cannot alone lead to balanced economic growth.
(Reporting By Jan Strupczewski; Editing by Balazs Koranyi)